Gov. Chris Christie’s “signature achievement as New Jersey governor may be going up in smoke,” Politico reports.
“The potential presidential candidate has said his ‘biggest governmental victory’ was a 2011 law meant to fix once and for all New Jersey’s notoriously bloated and insolvent public pension system by imposing deep cuts. But on Wednesday Christie’s administration argued before the state Supreme Court that the law was unconstitutional, in a complex maneuver to defend $1.57 billion in additional pension cuts that appear to have violated its terms. If the court upholds a February lower-court judgment against Christie, as seems likely, the cash-strapped state must scramble to find the money before July 1.”Save to Favorites